Interestingly, almost all of the students at SU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $10,798,468 in a year. More information regarding the financial assistance schemes can be accessed on SU’s official financial aid page at http://www.stetson.edu/administration/financial-planning/. The total percentage of candidates applying to Stetson University who receive the Federal Grant is 36%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 36% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,681, the State Grant receivers and Institution Grant beneficiaries get $6,983 and $30,168, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,897. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Those with a family income below $30,000 per annum, would get an average federal aid of $34,482 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $33,836, while those falling in the $48,001-$75,000 income category get $30,078 a year. Those with an annual income level of $75,001-$110,000 would receive $28,816, while candidates with more than $110,000 of family income receive an average federal aid of $28,592. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Stetson University, the percentage of candidates who opt to avail of student loans is around 61%.